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9.2¢ advanced health intelligence ltd

Ann: MyFiziq to expand technology into cancer care, page-21

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Day424

505 Posts.

469

26/06/20

11:35

Post #: 45468089
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Originally posted by JAar: ↑

Times goes fast, it was actually 2.5 years ago when that error happened.

That's partially correct, in march 2018 they retracted the announcements on 7 and 19 December 2017. The SP prior to 7 December reached a high of 0.78 AND at the time the company had a tech that processed 2-3 times slower, was less accurate and the deals at that point weren't nearly as lucrative or with the pedigree of partners that they've lined up to date.

The error was that the revenue was brought forward a year, mid-late 2018 rather than late 2019. Looks like either way the revenue projections were wrong in hindsight as it has taken until June 2020 to start generating the revenue!

Interesting times ahead, my confidence in the stock went up significantly when a fund manager invested $4-6m at 60c as they would've done their due diligence on MYQ's potential... Hopefully they were right.

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They've invested even more by this stage. $5.2mAUD + $1.5m USD, and at significant premiums

MYQ Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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